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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
Leadership

Eric Trump: ‘Nepotism Is Kind of a Factor of Life’

Alana Abramson
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Alana Abramson
Alana Abramson
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Alana Abramson
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Alana Abramson
Alana Abramson
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April 4, 2017, 4:39 PM ET
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Eric Trump, who, along with his brother Donald Trump Jr. took over the family real estate business when his father became President, said nepotism got him his foot in the door, but didn’t necessary play a role in his advancement.

“Nepotism is kind of a factor of life. We might be here because of nepotism, but we’re not still here because of nepotism,” Eric Trump told Forbes. “You know, if we didn’t do a good job, if we weren’t competent, believe me, we wouldn’t be in this spot.”

While Eric and his brother currently run the Trump Organization, their sister Ivanka resigned from the company after the 2016 election and recently announced she was officially joining the White House as an assistant to the President.

Trump said that if he and his siblings had not excelled in the family business, they wouldn’t have risen through the ranks and said his father, had he successfully run for President four or eight years ago, would have had more qualms leaving his sons in charge.

“I don’t know if he could have done the presidential thing four years ago,” he told Forbes. “Certainly eight years ago, he couldn’t have. I think we probably would have been too big of question marks for him.”

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